Legora’s $8.8 Billion Bet on Fewer Billable Hours
Legora’s $8.8 Billion Bet on Fewer Billable Hours For most of the past decade, legal technology sold itself as a way to help lawyers bill more. Legora sells software meant…
Intel’s Arizona Buildout Reaches the Tooling Stage
Intel’s Arizona Buildout Reaches the Tooling Stage In chip manufacturing, the building is the cheap part. A finished cleanroom shell proves a company intends to make semiconductors; the machines that…
Tesla and Nvidia Fund Substrate Capacity, Betting on a Chip Bottleneck
The scarcest part of an AI system is no longer always the processor. Increasingly it is the laminated rectangle underneath, a package substrate that carries thousands of signal traces from…
Spotify’s Subscriber Growth Holds; Its Earnings Streak Does Not
Spotify Technology SA spent two years telling investors that user growth and profit were no longer a trade-off. On Thursday the streaming company posted the kind of quarter that tests…
Texas Instruments’ Industrial Order Book Sets a Record, and the Forecast Follows
For the first time in four years, Texas Instruments Inc.’s industrial customers bought more chips in a quarter than at any point in the company’s history. The line sat in…
IBM’s Software Unit Carries a Quarter That Beat Forecasts
IBM has spent two years telling investors that artificial intelligence would show up in enterprise software before it showed up anywhere else. On Wednesday the company got to point at…
Tesla’s Profit Falls 43% as the Robots Take Over the Balance Sheet
Tesla sold about as many cars as it did a year ago and made little more than half as much money on them, a squeeze its executives describe as the…
Meta Pays Its Chief Executive to Stay Put
The disclosure reads less like a compensation arrangement than a lease with an unusually generous renewal clause, signed by a board that has concluded it cannot afford to lose its…
Musk’s $3.7 Trillion Merger Runs Into a Rocket Shortage
Elon Musk’s two largest companies are edging toward a combination that would be the biggest corporate transaction ever attempted, at the same moment one of them is preparing to retire…
ChatGPT’s Ad Business Reaches 89 Countries
In Lagos, Buenos Aires, Karachi and Kyiv, a free ChatGPT user will start seeing sponsored links. OpenAI said Wednesday that it expanded advertising to 26 more countries, bringing the total…
